Valdymo koordinavimo centras Governance Coordination Centre

State Owned Enterprises

UAB ,,Genetiniai ištekliai“ carries out its continuous activities t. y. breeding of promising beef and dairy cattle; seed production of cereals, fiber and oilseeds, experimental, educational and experimental economic activities, protects and breeds gene-stocked Lithuanian black-headed sheep by the closed population method. Created and expands the selection nucleus of Lithuanian local coarse sheep, performs controlled fattening of lambs.

          2024/25 GOOD CORPORATE GOVERNANCE INDEX

Genetiniai_2025

SK – Transparency Dimension
SV – Strategic Management Dimension
TV – Sustainability Dimension
AV – Shareholder Actions Dimension
GI – Good Governance Indicator

Financial results

P/L Statment

2022 2023 2024 2025
Revenue 2,750 2,437 2,395 2,475
Cost of goods sold 2,454 2,328 2,091 2,239
Gross profit (loss) 296 109 304 237
Gross profit margin 11% 4% 13% 10%
Operating expenses 214 273 300 298
Operating profit (loss) 82 -164 4 -62
Operating profit margin 3% -7% 0% -2%
EBITDA 273 200 192 197
EBITDA margin 10% 8% 8% 8%
Net profit (loss) 113 34 21 23
Net profit margin 4% 1% 1% 1%
2022-06 2023-06 2024-06 2025-06
Revenue 976 925 838 1,113
Cost of goods sold 797 1,330 1,229 896
Gross profit (loss) 179 -405 -391 217
Gross profit margin 18% -44% -47% 19%
Operating expenses 103 122 159 152
Operating profit (loss) 76 -528 -550 65
Operating profit margin 8% -57% -66% 6%
EBITDA 180 -447 -443 242
EBITDA margin 18% -48% -53% 22%
Net profit (loss) 90 -446 -527 155
Net profit margin 9% -48% -63% 14%

* Left axis

** Right axis

*** All data in Profit and Loss Statement table and corresponding chart is in EUR thousand, unless otherwise noted

Balance sheet

2022 2023 2024 2025
Non-current assets 2,132 2,034 1,979 2,050
Intangible assets 0 0
Tangible assets 1,636 1,478 1,378 1,365
Financial assets 252 311 333 422
Other non-current assets 2,132 2,034 1,979 2,050
Current assets 1,316 1,260 1,304 1,194
Inventories and prepaid expenses 882 802 1,005 1,061
Accounts receivable in one year 276 353 84 47
Other current assets 0 0 0
Cash and cash equivalents 158 105 215 86
Total assets 3,465 3,312 3,302 3,283
Equity 2,668 2,615 2,600 2,601
Grants and subsidies 339 294 251 213
Liabilities 459 403 451 469
Financial liabilities 100 59 52 84
Long-term liabilities 59 18 20 44
Short-term liabilities 399 385 432 425
Equity and liabilities 3,465 3,312 3,302 3,283
2022-06 2023-06 2024-06 2025-06
Non-current assets 2,132 2,232 2,053 2,086
Intangible assets 0 0 0
Tangible assets 1,706 1,555 1,462 1,394
Financial assets 179 428 333 422
Other non-current assets 248 250 258 271
Current assets 1,718 1,403 1,057 1,723
Inventories and prepaid expenses 834 961 720 1,346
Accounts receivable in one year 608 285 50 83
Other current assets 0
Cash and cash equivalents 276 157 287 294
Total assets 3,869 3,654 3,130 3,830
Equity 2,669 2,635 2,052 2,734
Grants and subsidies 366 316 273 230
Liabilities 835 703 805 866
Financial liabilities 119 80 114 65
Long-term liabilities 100 59 73 65
Short-term liabilities 735 643 732 801
Equity and liabilities 3,869 3,654 3,130 3,830

* All data in Balance Sheet table and corresponding chart is in EUR thousand, unless otherwise noted

Financial ratios

2022 2023 2024 2025
Capital return ratios
Return on assets (ROA) 3% 1% 1% 1%
Return on equity (ROE) 4% 1% 1% 1%
Return on capital employed (ROCE) 3% -6% 0% -2%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.03 0.02 0.02 0.03
Current Ratio 3.30 3.27 3.02 2.81
Quick ratio 1.09 1.19 0.69 0.31
Turnover ratios
Asset turnover 0.79 0.74 0.73 0.75
Fixed asset turnover 1.29 1.20 1.21 1.21
Equity turnover 1.03 0.93 0.92 0.95
Profitability ratios
EBITDA margin 10% 8% 8% 8%
Operating profit margin 3% -7% 0% -2%
Net profit margin 4% 1% 1% 1%
Other ratios
Dividends to the State 87.19 35.56 21.24 20.30
Dividends paid / net profit 0.77 1.03 1.03 0.89

* Left axis

** Right axis

*** Dividends to the state in Financial Ratios table is in EUR thousand

2022-06 2023-06 2024-06 2025-06
Capital return ratios
Return on assets (ROA) 4% -11% -1% 20%
Return on equity (ROE) 6% -16% -2% 29%
Return on capital employed (ROCE) 3% -20% -26% 2%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.03 0.02 0.04 0.02
Current Ratio 2.34 2.18 1.44 2.15
Quick ratio 1.20 0.69 0.46 0.47
Turnover ratios
Asset turnover 0.25 0.25 0.27 0.29
Fixed asset turnover 0.46 0.41 0.41 0.53
Equity turnover 0.37 0.35 0.41 0.41
Profitability ratios
EBITDA margin 18% -48% -53% 22%
Operating profit margin 8% -57% -66% 6%
Net profit margin 9% -48% -63% 14%
Other ratios
Dividends to the State
Dividends paid / net profit

Financial statments

2024 m. 6 mėn. tarpinės ataskaitos 2024 m. metinės ataskaitos
2023 m. 6 mėn. tarpinės ataskaitos 2023 m. metinės ataskaitos
2022 m. 6 mėn. tarpinės ataskaitos 2022 m. metinės ataskaitos
2021 m. 6 mėn. tarpinės ataskaitos 2021 m. metinės ataskaitos
2020 m. 6 mėn. tarpinės ataskaitos 2020 m. metinės ataskaitos
2019 m. metinės ataskaitos 2019 m. 6 mėn. tarpinės ataskaitos

Expectations of the state

Key performance indicator
Letter of Expectations

About the company

  • Official nameUAB „Genetiniai ištekliai“
  • Legal formPrivate limited liability company (UAB)
  • Company code304979983
  • SectorOther
  • Line of businessHorticulture and animal husbandry
  • Institution representing the StateMinistry of Agriculture
  • Share belonging to the State100%
  • Contacts http://genetiniaiistekliai.lt
Return to the State

20 EUR thousand

ROE

0.7%

Number of employees

53

Financial data provided as at end-December 2024

UAB „Šeduvos avininkystė“ and UAB „Upytės eksperimentinis ūkis“ were reoganized and merged into new company - UAB „Genetiniai ištekliai“, which was registered in the Register of Legal Entities on 2 January 2019.

Management

  • Audrius ZalatorisChief Executive Officer

Term of office expires: 2029/12/23

The information is relevant

Board of Directors

CHAIRMAN OF THE BOARD OF DIRECTORS

  • Vygantas SliesoraitisIndependent member

MEMBERS OF THE BOARD OF DIRECTORS

  • Kęstutis ButkusIndependent member
  • Regina MininienėMinistry of Agriculture
  • Virginija ŽoštautienėMinistry of Agriculture

Term of office expires: 2027/09/21

The information is relevant

VMU
LTG_logo
RC
LP
TB
IGN
KN_Log_new
Altra_be_teksto
Epso_g_logonew